Appointment of administrator

RNS Number : 6205A

Avisen PLC

12 October 2009

 

12 October 2009

(AIM: AVI)

Avisen plc

("Avisen" or the "Company")

Further re: intention to appoint administrator to subsidiary

Further to the announcement on 25 September 2009, the Company announces that N A Bennett and M C Healy of Leonard Curtis of One Great Cumberland Place, Marble Arch London W1H 7LW were appointed as administrators to Inca Technology International Limited ("Inca Technology") on 8 October 2009 under the Insolvency Act 1986. 

The administrators are currently negotiating the sale of certain assets of Inca Technology and a further announcement will be made in due course. This process does not affect any other company within the Avisen group.

Louis Peacock, a director of Avisen, is also a director of Inca Technology.

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For further information, contact:

Avisen plc
Marcus Hanke (CEO)	Tel: [phone]
Louis Peacock (Executive Director and Acting CFO)	Tel: [phone]
NOMAD and Broker:
John East & Partners Limited, a subsidiary of Merchant Securities PLC	Tel: [phone]
Bidhi Bhoma

Notes to Editors:

Avisen

Avisen is a business and technology consultancy specialising in performance management with a focus on strategy creation, development and implementation. It provides advisory services and software distribution of solutions in the corporate performance management market.  Avisen aims to provide specialist advice to enable organisations to build more effective capabilities to manage the performance of their businesses and allow them to achieve their desired targets.

 

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